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China PESTLE Analysis
Transcript of China PESTLE Analysis
Form of Government: system of National People's Congress.
Chinese President: Hu Jintao
China's government is a communist state with unicameral legislative branch called the National People's Congress that is made up of 2,987 members from the municipal, regional and provincial level. There is also a judicial branch comprised of the Supreme People's Court, Local People's Courts and Special People's Courts.
China is divided into 23 provinces, five autonomous regions and four municipalities. National suffrage is 18 years of age and the main political party in China is the Chinese Communist Party (CCP). There are also smaller political parties in China, but all are controlled by the CCP.
As the third largest country in the world occupying an area of 9,600,000 sq km, it spans 62 degrees of longitude and 49 degrees of latitude.
China PESTLE Analysis
One in every five people in the world is Chinese. China’s population was estimated to reach a whopping 1,338,612,968 by July 2009. China’s population is four times that of the United States.he process of rapid industrialisation and urbanisation in China has seen millions of working-age rural Chinese flock to the cities seeking work. The result is that millions of young Chinese are growing up without their parents. More than 61 million children – about one-fifth of the children in China – live in villages without their parents.
Much of China's recent economic growth has been financed by debt, particularly bank loans. When the global economic slowdown bit, China responded with a massive programme of infrastructure investment that was funded through debt.Debt is starting to take a toll on China, its people and businesses. So long as China was able to grow incredibly quickly, China was able to finance its debt. However, it might prove harder to sustain that as China's economy enters a period of slower growth.